Tag Archive: Switzerland Labor Costs

Unions demand 2 percent wage increase as economy improves

Staff should start enjoying the benefits of Switzerland’s improving economic performance, says the country’s second-largest trade union group, Travail. Suisse, which is demanding a 2% salary increase for workers. “It’s been some time since the economic perspectives have looked this positive. The forecasts announce solid and lasting economic growth. This recovery must have an impact on employees,” Travail.

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Swiss nominal and minimum wages increase by 0.4% and 0.7% respectively

The social partners signing the collective labour agreements (CLA) have agreed a nominal rise in real wages estimated at 0.4% for 2016, of which 0.2% is to be awarded collectively and 0.2% at individual level. Minimum wages were increased by 0.7%. The graph shows nominal wages since 1993.

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Swiss Nominal Wages to Rise by 0.8 Percent

The unions are demanding higher salaries for next year. However, gains are realistic only in individual sectors. In addition, can be expected in Switzerland with a lower purchasing power gain. The workers umbrella organization Travail Suisse and the association Employees Switzerland have launched the 2017 wage round on Tuesday.

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Swiss wage index 2015: Nominal wages increase by 0.4 percent and real wages by 1.5 percent due to negative inflation

FSO, Wages and Working Conditions (0353-1604-40) Swiss wage index 2015 Neuchâtel, 22.04.2016 (FSO) – The Swiss nominal wage index rose by +0.4% on average in 2015 compared with 2014. It settled at 103.7 points (base 2010 = 100). G...

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Swiss Labour Force Survey 2015: Large increase in labour market participation of 55 to 64 year-olds

19.04.2016 09:15  - FSO, Labour Force (0353-1603-90) Swiss Labour Force Survey 2015 Neuchâtel, 19.04.2016 (FSO) – In 2015 the average age of the economically active population was 41.6 years (+0.7 years compared with 2010). The ageing of the economic...

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Labour costs 2014: Labour costs in Switzerland: marked differences according to enterprise size

22.03.2016 09:15  - FSO, Economic Surveys (0353-1601-50) Labour costs 2014 Neuchâtel, 22.03.2016 (FSO) – In 2014, average labour costs in Switzerland amounted to CHF 59.60 per hour worked across the secondary and tertiary sectors. According to the Fe...

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Swiss Balance of Payments 2014, Q1-Q3 and Implications on CHF



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Swiss Franc and Swiss Economy: The Overview Questions

Before the upcoming SNB monetary policy assessment meeting on June 19th, rumors started the SNB could follow the ECB and set negative rates on banks' excess reserves. We would like to deliver the whole background, starting with the question why Swiss inflation has been so low in the past and why CHF always appreciated.

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Euro Crisis Has Affected Germany, Switzerland Still Immune

Swiss and German Economic Indicators, October 2012   Both Swiss and German economic indicators show continued signs of stability, but the German situation has become worse and might affect the Swiss. Especially low unemployment, rising real wages and strong trade balances are signs of robustness. Despite that, Germany’s industrial production is weaker than last year, …

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Economic Indicators: In Switzerland and Germany the Euro Crisis Seems to Be Far Away

 Swiss vs. German Economic Indicators, August 2012        Both Swiss and German economic indicators show continued signs of stability. Especially low unemployment, good retail sales and strong trade balances are signs of robustness. The German trade surplus has improved compared to last year, whereas the strong franc harmed the Swiss trade surplus just a bit. …

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